The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...

New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...

Here’s an assignment for the conservative politicians and activists who keep telling us that President Trump and his sidekick ...

The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for ...

The deficit for the first five months of fiscal 2025 came to $1.147 trillion, up 38%, or $318 billion, from a year earlier.

In order to help fill an estimated $238 million, four-year budget gap, Alameda-Contra Costa Transit is hiking bus fares for ...

Superintendent Vicki Bayer told the board Monday evening the district likely faces a $10 million to $12 million deficit. What ...

With a budget shortfall between $6 million and $10 million — and no quick fix in sight — St. Helena is struggling to stay ...

Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...

Frostburg officials are bracing for the impacts of Maryland’s nearly $3 billion state budget deficit as they begin preparing ...

There's a $200 million deficit in the current fiscal year, and a much bigger one under most scenarios for the next year.